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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (17254)10/6/1998 10:53:00 PM
From: dumbmoney  Read Replies (1) of 18263
 
My take on merger is that MatriDigm insiders want to cash out. An ipo was not possible, and therefore the long awaited merger was the only option available.

I'm sure they do. But I suspect the main motivation was simply to keep Matradigm alive. Zitel at least has some cash (not much, but better than none!)

This is good news for shorts. With the air of mystery surrounding Matradigm gone, the stock can seek its fair value. Sunlight is a great disinfectant.
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